Ripple CEO Brad Garlinghouse said proposed U.S. legislation known as the CLARITY Act could accelerate growth across the XRP ecosystem by providing long-term regulatory certainty that banks and large financial institutions need to participate more fully in crypto markets.
In a recent interview, Garlinghouse emphasized that Ripple supports the bill not because of concerns about XRP’s own status but because clearer rules would create a more stable environment for innovation. He pointed to a federal judge’s opinion that XRP itself is not a security as meaningful clarity the company has already gained, but said broader legislative certainty is important for institutions managing billions in assets.
Garlinghouse argued that guidance from regulators can change between administrations and that many banks remain hesitant to commit to digital asset services without durable, statutory rules. Passing a law, he said, would reduce the risk of abrupt policy reversals and encourage major financial firms to lean into blockchain-based payments and related technologies.
He also framed the CLARITY Act as part of a larger effort to keep crypto innovation and related operations in the United States. Clear federal rules, Garlinghouse said, would help the U.S. remain competitive globally and discourage companies from relocating to jurisdictions with friendlier or more predictable regimes.
Despite advocating for the legislation, Garlinghouse maintained that XRP is well positioned regardless of the bill’s fate, citing recent court rulings and Ripple’s continued investments in U.S.-based infrastructure and operations following legal victories. He said the company has been doubling down on domestic investment as it scales.
Garlinghouse criticized the idea of cryptocurrency policy becoming a partisan issue, urging bipartisan support for technology-focused legislation. He expressed optimism that momentum is building on Capitol Hill and suggested bipartisan backing could emerge at the Senate level if the proposal advances through committee stages.
Overall, Ripple’s public support for the CLARITY Act reflects a broader industry goal: to secure lasting, predictable rules that enable large financial institutions to participate in the crypto economy and help the United States retain a leading role in blockchain innovation.